Some people are making millions working from home in a network marketing business; why wouldn't you want to be one of them. Who doesn't want to spend more time with their family, having the time freedom to set your schedule? After all, you're your own boss.
Although the desire is there, it's not always a successful venture. Although you have no boss, you have to be disciplined and consistent with working your business. Being the boss means you need to create a solid foundation with your new endeavor. This foundation is what will generate sustainability as you move forward.
Why Do Many Fail in Network Marketing?
Did you realize that 95% of the people who start their Network Marketing Business do not see any success in the first couple of years, sometimes never? Many join several different home-based business opportunities because they can't get their business off the ground and consistently make money. They try additional tips, strategies, and tricks, and nothing seems to work.
The problem is:
Understanding the principles of Network Marketing
Knowing how to market productively
Knowing what to do and when
Knowing what not to do
You need to find a company that offers quality training, concept application, and tools to understand how to put all the puzzle pieces together. With the right training from the right leaders, you can be in the 5% of the people who find success in a legitimate home-based business.
Some components you need to have a successful home-based business and be your own boss are:
A proven marketing funnel or marketing system
A system to get qualified leads
Follow up that is on autopilot
Valuable information to share with your leads and prospects
A self-funding proposal
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Why Everyone Doesn't Find Success
Only a few succeed in the home-based network marketing business because they understand the principles of building a business on the internet and that a proven system must be in place to grow. They know what they need to do, and they go out and get the necessary tools, resources, and training to build their business. Having the tools and training without implementation will be fruitless.
Many feel that by merely having a website and a social media platform(s), they will automatically be successful. Of course, this is not true, and it is not the way to achieve the long-term results you desire. It's imperative to have a proven marketing system that works. Creating and sharing both articles and videos and posting them to your Facebook page and other social media is not enough.
There are crucial pieces of the puzzle you are missing if that is your thought process. Getting to know your audience and becoming someone they know, like, and trust will generate sales and business partners.
Summing Up The Plan
As you begin to create your business as a path and means to fire your boss, the following is an excellent blueprint to start with:
- listen, determine an issue or problem
- address and acknowledge it, build a relationship
- offer a solution and resolve through your opportunity/business
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Keep in mind everyone is not an ideal candidate or interested in your business. Don't let your excitement of creating your dream become a nightmare for your family, friends, and associates.
